Release date: 11 March 2024
This
toolkit is a licenced product. The annual licence fee (€150/£125 + VAT) is
payable on the first anniversary of purchase of this toolkit, and annually
thereafter.
Are your Anti Money Laundering Procedures up to date? The EU Fourth and
Fifth Money Laundering Directives have resulted in significant changes to the
Anti-Money Laundering (AML) regimes in the Republic of Ireland and the United
Kingdom. All accountancy firms are required to have up to date policies,
controls and procedures in place to protect against Money Laundering and
Terrorist Financing (MLTF).
This toolkit provides template policies and procedures
and a range of checklists to assist you with compliance with the current
AML regimes, and is suitable for firms operating in both ROI
and UK
.
It addresses the requirements and guidance
in the following:
- Criminal Justice Act (Money Laundering and Terrorist
Financing) Act 2010 as amended;
- Technical Release TR 01/2019 (Updated March 2022)- Anti-Money Laundering
Guidance for Members of the Bodies affiliated to the Consultative Committee of
Accountancy Bodies in Ireland (CCAB-I);
- Proceeds of Crime Act 2002;
- Money Laundering, Terrorist Financing and Transfer of
Funds (Information on the Payer) Regulations 2017 as amended;
- Anti-Money Laundering, Counter-Terrorist and Counter- Proliferation Guidance for the Accountancy Sector (UK), issued by
CCAB.
Key features:
The toolkit includes an AML Manual explaining the firm’s obligations and
setting out policies and procedures, including those relating to the Firm-wide
Risk Assessment, Customer Due Diligence (CDD), internal and external reporting,
training and record keeping.
It also includes a set of Pro Forma Procedures containing a range of useful
tools including:
- Pro Forma CDD procedures, with checklists for client
identification, client risk assessment, client verification, ongoing
monitoring and reliance on third parties;
- CDD control sheet;
- Internal reporting checklist and template, external
reporting checklist, and report register;
- Firm-wide Risk Assessment template;
- AML Compliance Review checklists;
- Anti-Money Laundering Training Record and Annual
Declaration of Awareness;
- Electronic Identification Service checklist;
- Template third party reliance agreements for ROI and NI.
The manual is in Word format, with all checklists on Excel.
The toolkit is regularly updated to keep you compliant with changes in AML
law and regulations.
Downloading your toolkit
Once you have placed your order online, first print
your invoice if you require one. Following this, go into your My
Account area on the website and open My courses &
downloads.
Your toolkit will be available to download there. You have up to 90 days from
the date of purchase to download your toolkit.
For more information, contact us atPractice
Consulting
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